Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Federal consumer agency delays report on Canadian banks' sales practices Dec 30th
The Financial Consumer Agency of Canada won't be releasing the results of its review of business practices among Canada's major banks by the end of the year, as originally anticipated..... More »
The best high-interest savings accounts in Canada for 2025 + MORE Sep 15th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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MoneySense is an.... More »
India’s central bank cuts key lending rate to 6.25 per cent + MORE Oct 4th
NEW DELHI – India’s central bank cut its key interest rate by a quarter of a percentage point Tuesday, taking rates to the lowest they have been since late 2010.
The announcement by the Reserve Bank of India reduced its repo rate to 6.25 per cent. This is the rate at which the central ba.... More »
BMO credit cards: A breakdown of the bank’s best cards 2021 May 15th
Along with Canada’s other big banks, BMO (Bank of Montreal) offers the stability that stems from a long history as an established institution. BMO was founded in 1817, making it Canada’s oldest incorporated bank, and it’s been the nation’s fourth largest since 2018. Due, in part, to its clos.... More »
Canadian banks, insurance firms owe $1.2B in employee vacation pay, class actions allege - CBC.ca + MORE Mar 4th
Canadian banks, insurance firms owe $1.2B in employee vacation pay, class actions allege CBC.ca.... More »
Best of Canadian banks: The fourth-quarter earnings scorecard
– theglobeandmail.com
The Big Six banks delivered fourth-quarter results that reflected a challenging environment of low interest rates and a slow Canadian economy
Banks said to face SEC probe into possible credit swap collusion
– theglobeandmail.com
The U.S. Securities and Exchange Commission is probing whether firms acted in unison to distort prices in the $6-trillion market for credit-default swaps indexes, said the person, who asked not to be identified because the investigation is private
